A forex rebate calculator can help you figure out your cashback when trading. It uses the rebate rate per traded lot and the volume of transactions to calculate your cashback. The amount of cashback will vary depending on the currency pair you are trading. You can also use this calculator to calculate your cashback when trading cryptocurrencies against USD, such as BTC, ETH, LTC, and XRP. Gold is also a currency pair you can use to calculate your rebates.
Forex rebates let you earn extra cash for closed positions. They can be earned with your preferred FX broker or through a third-party service provider. These rebates will reduce your spread and improve your win ratio. You simply have to check the “Cashback” option in the personal area settings to get started.